Borrowers in the D.C. area who have fallen into delinquency have received good news in the form of amendments to the Reverse Mortgage Insurance and Tax Payment Program Temporary Amendment Act of 2020.
Read More »Effective Foreclosure Prevention in a Crisis
What lessons from the Great Recession’s foreclosure and home price data can be applied to more recent market trauma? This story originally appeared in the July edition of DS News.
Read More »CFPB Details the Debt Struggle
The Bureau stated that it has been “prioritizing activities” aimed at protecting the stability of the financial sector.
Read More »‘Storm Clouds’ Gathering Over the Housing Market
A new study reveals the counties that are at most risk for foreclosure due to the impact of COVID-19.
Read More »Benefits of Updates to CWCOT Program
Auction.com provided information on how the new regulations will benefit property preservation companies and help grow CWCOT to more than 90%.
Read More »Forbearance Plans See Largest Drop Since Start of Pandemic
One economist called the dip “an encourage sign of continued improvement,” driven mostly by many plans expiring at the end of June.
Read More »Orlans Leadership Honored
Both Founder & Executive Chair Linda Orlans and Senior Executive Counsel Julie Moran have been recognized for their contributions to the financial services industry.
Read More »More Americans Struggling to Make Full House Payments
The latest survey found certain segments of the market are falling behind, and a growing share of borrowers are concerned about falling into foreclosure.
Read More »Foreclosures From Reverse Mortgages Surging in Puerto Rico
Data from prior reports found early one in four loans on the island faltered. Click through to read more.
Read More »Mortgage Delinquencies Rise 20% in May
New data suggests loan delinquencies could improve just as half of forbearance plans expire, requiring review from servicers.
Read More »